Report China - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Feb 5, 2023

China - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

China: Polycarboxylic Acid Market 2023

Polycarboxylic Acid Market Size in China

In 2021, the Chinese polycarboxylic acid market decreased by -43% to $X, falling for the third year in a row after three years of growth. Overall, consumption recorded a abrupt slump. Polycarboxylic acid consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Polycarboxylic Acid Production in China

In value terms, polycarboxylic acid production expanded notably to $X in 2021 estimated in export price. In general, production, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 228% against the previous year. Polycarboxylic acid production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Polycarboxylic Acid Exports

Exports from China

In 2021, shipments abroad of polycarboxylic acids was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, polycarboxylic acid exports skyrocketed to $X in 2021. Overall, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), Turkey (X tons) and Russia (X tons) were the main destinations of polycarboxylic acid exports from China, with a combined 42% share of total exports. Saudi Arabia, Oman, Vietnam, Pakistan, Egypt, South Africa, Taiwan (Chinese), South Korea, the Netherlands and Singapore lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +127.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polycarboxylic acid exported from China were India ($X), Turkey ($X) and Russia ($X), together comprising 32% of total exports. Taiwan (Chinese), Vietnam, the Netherlands, South Korea, Saudi Arabia, Oman, Pakistan, Egypt, South Africa and Singapore lagged somewhat behind, together comprising a further 38%.

Oman, with a CAGR of +124.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average polycarboxylic acid export price stood at $X per ton in 2021, growing by 2.7% against the previous year. In general, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 10%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-0.5%), while the prices for the other major destinations experienced a decline.

Polycarboxylic Acid Imports

Imports into China

In 2021, purchases abroad of polycarboxylic acids decreased by -55.3% to X tons, falling for the second year in a row after three years of growth. In general, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2019 with an increase of 27%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, polycarboxylic acid imports shrank markedly to $X in 2021. Over the period under review, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 26%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and Japan (X tons) were the main suppliers of polycarboxylic acid imports to China, together comprising 89% of total imports. These countries were followed by Germany, Malaysia, Thailand and Indonesia, which together accounted for a further 7%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +3.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest polycarboxylic acid suppliers to China were South Korea ($X), Taiwan (Chinese) ($X) and Japan ($X), together comprising 84% of total imports. These countries were followed by Germany, Malaysia, Thailand and Indonesia, which together accounted for a further 7.6%.

In terms of the main suppliers, Germany, with a CAGR of +2.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average polycarboxylic acid import price stood at $X per ton in 2021, picking up by 89% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for polycarboxylic acids in the world?
+
The countries with the highest volumes of consumption in 2021 were China, India and the United States, with a combined 31% share of global consumption. Turkey, Brazil, Pakistan, Mexico, Indonesia, Japan, South Korea, Vietnam, Saudi Arabia and Oman lagged somewhat behind, together comprising a further 36%.
What are the largest producers of polycarboxylic acids in the world?
+
The country with the largest volume of polycarboxylic acid production was China, accounting for 21% of total volume. Moreover, polycarboxylic acid production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. The United States ranked third in terms of total production with a 6.6% share.
What are the leading suppliers of polycarboxylic acids to China?
+
In value terms, the largest polycarboxylic acid suppliers to China were South Korea, Taiwan Chinese) and Japan, together accounting for 84% of total imports. Germany, Malaysia, Thailand and Indonesia lagged somewhat behind, together comprising a further 7.6%.
What are the leading importers of polycarboxylic acids from China?
+
In value terms, India, Turkey and Russia were the largest markets for polycarboxylic acid exported from China worldwide, together comprising 32% of total exports. These countries were followed by Taiwan Chinese), Vietnam, the Netherlands, South Korea, Saudi Arabia, Oman, Pakistan, Egypt, South Africa and Singapore, which together accounted for a further 38%.
What is the average export price for polycarboxylic acids in China?
+
In 2021, the average polycarboxylic acid export price amounted to $1,067 per ton, picking up by 2.7% against the previous year.
What is the average import price for polycarboxylic acids in China?
+
In 2021, the average polycarboxylic acid import price amounted to $1,268 per ton, increasing by 89% against the previous year.

This report provides an in-depth analysis of the polycarboxylic acid market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
• Prodcom 20143385 - Adipic acid, its salts and esters
• Prodcom 20143387 - Maleic anhydride
• Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
• Prodcom 20143420 - Other esters of orthophthalic acid
• Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
• Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook

Join our live webinar to get insights into the global biomass market.



Thursday, October 14th, 2021 @ 04:00 pm ET

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global anhydrous ammonia market.



Tuesday, June 15th, 2021 @ 04:00 pm ET

Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global biodiesel market.



Thursday, June 10th, 2021 @ 04:00 pm ET